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1005 Commerce Rd
Richmond, VA 23224
Industrial Property For Sale
INVESTMENT HIGHLIGHTS
- 1/2 Mile from CoStar HQ2
- Access to Public Transportation along Commerce RD
- New retail and creative offices along 14th ST
- 1.5 Miles from Richmond’s Central Business District
- Proximity to James River, flood wall and bike trails
- New Food Hall at Hull St. within 3/4 mile from 1005 Commerce Rd.
EXECUTIVE SUMMARY
1005 Commerce Rd. is located in the Priority Growth Node of Manchester within the city of Richmond, identified as one of Richmond’s top growth hubs for commercial and residential activity over the next decade. Only 1.5 miles from Richmond’s Central Business District and easily accessible from I-95’s new Maury St. roundabout, 1005 Commerce Rd., is nestled in a growing community including a 9-story apartment building planned on 3.47 acres to the West, and LaDIFF, Richmond’s premier furniture retailer, to the South. Situated by numerous outdoor amenities, its proximity to Downtown, and new retail shops in the surrounding neighborhood are quickly transforming the Manchester area around 1005 Commerce.
PROPERTY FACTS
| Sale Type | Investment or Owner User | Year Built | 1900 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Manufacturing | Parking Ratio | 1.33/1,000 SF |
| Building Class | C | No. Dock-High Doors/Loading | 2 |
| Lot Size | 2.17 AC | No. Drive In / Grade-Level Doors | 3 |
| Rentable Building Area | 22,500 SF | Opportunity Zone |
Yes
|
| No. Stories | 1 | ||
| Zoning | M-2 - Heavy Industrial, Planned TOD-1 Re-Zoning | ||
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 2.17 AC |
| Rentable Building Area | 22,500 SF |
| No. Stories | 1 |
| Year Built | 1900 |
| Tenancy | Single |
| Parking Ratio | 1.33/1,000 SF |
| No. Dock-High Doors/Loading | 2 |
| No. Drive In / Grade-Level Doors | 3 |
| Opportunity Zone |
Yes |
| Zoning | M-2 - Heavy Industrial, Planned TOD-1 Re-Zoning |
AMENITIES
- Bus Line
- Fenced Lot
PROPERTY TAXES
| Parcel Number | S000-0388-003 | Improvements Assessment | $316,064 CAD |
| Land Assessment | $860,710 CAD | Total Assessment | $1,176,774 CAD |
PROPERTY TAXES
Parcel Number
S000-0388-003
Land Assessment
$860,710 CAD
Improvements Assessment
$316,064 CAD
Total Assessment
$1,176,774 CAD
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